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Cost of Living · US vs KR

🇺🇸 New York vs 🇰🇷 Seoul: what everyday life costs

Monthly essentials: $2,410 in United States vs $1,390 in South Korea — 42.33% cheaper.

Biggest differences

Much cheaper in South Korea

  • 🏙️ Rent: 1-bedroom, city center: -46.46%
  • 🏡 Rent: 1-bedroom, outside center: -46.46%
  • 🏢 Rent: 3-bedroom, city center: -46.46%

Closest to United States prices

  • 👟 Running shoes (brand): -16.34%
  • 👖 Jeans (mid-range brand): -16.35%
  • 🍻 Imported beer, 330ml bottle: -16.37%

The full basket (32 items)

Item United States South Korea Diff
Housing
🏙️ Rent: 1-bedroom, city center $1,750 $937 (1,332,671 KRW) -46.46%
🏡 Rent: 1-bedroom, outside center $1,400 $750 (1,066,134 KRW) -46.46%
🏢 Rent: 3-bedroom, city center $3,200 $1,713 (2,436,897 KRW) -46.46%
Food out
🍜 Meal, inexpensive restaurant $18.00 $11.02 (15,675 KRW) -38.78%
🍽️ Dinner for two, mid-range $75.00 $45.90 (65,290 KRW) -38.8%
🍔 Fast-food combo meal $11.00 $7.04 (10,014 KRW) -36%
Groceries
🥛 Milk, 1L $1.10 $0.77 (1,095 KRW) -30%
🍞 Bread, fresh loaf 500g $3.20 $2.24 (3,186 KRW) -30%
🥚 Eggs, dozen $3.40 $2.38 (3,385 KRW) -30%
🍗 Chicken breast, 1kg $10.00 $7.00 (9,957 KRW) -30%
🍚 White rice, 1kg $4.00 $2.80 (3,983 KRW) -30%
🍎 Apples, 1kg $4.80 $3.36 (4,779 KRW) -30%
🧀 Local cheese, 1kg $12.00 $8.40 (11,949 KRW) -30%
💧 Water, 1.5L bottle $2.00 $1.40 (1,991 KRW) -30%
Drinks
🍺 Domestic beer, pint (draught) $6.00 $3.67 (5,220 KRW) -38.83%
🍻 Imported beer, 330ml bottle $8.00 $6.69 (9,516 KRW) -16.37%
☕ Cappuccino $5.00 $3.06 (4,353 KRW) -38.8%
🥤 Coke/Pepsi, 330ml $2.30 $1.61 (2,290 KRW) -30%
Transport
🚇 Public transport, monthly pass $65.00 $41.60 (59,174 KRW) -36%
🎫 Public transport, one-way $2.75 $1.76 (2,504 KRW) -36%
🚕 Taxi start (normal tariff) $4.00 $2.45 (3,485 KRW) -38.75%
🛣️ Taxi, per km $1.80 $1.10 (1,565 KRW) -38.89%
⛽ Petrol/gasoline, 1L $0.95 $0.79 (1,124 KRW) -16.84%
Utilities & comms
💡 Basic utilities, 85m² apartment $200 $128 (182,072 KRW) -36%
🌐 Internet, 60Mbps+ unlimited $70.00 $44.80 (63,725 KRW) -36%
📱 Mobile plan, 10GB+ data $45.00 $28.80 (40,966 KRW) -36%
Lifestyle
🏋️ Gym membership, month $50.00 $30.60 (43,527 KRW) -38.8%
🎬 Cinema seat $14.00 $8.57 (12,190 KRW) -38.79%
💈 Men's haircut $30.00 $18.36 (26,116 KRW) -38.8%
👖 Jeans (mid-range brand) $55.00 $46.01 (65,447 KRW) -16.35%
👟 Running shoes (brand) $90.00 $75.29 (107,096 KRW) -16.34%
💻 Coworking hot desk, month $250 $153 (217,662 KRW) -38.79%

Estimated from World Bank — Consumption price levels with per-item elasticity — model figures, not quotes. Compare any pair in the interactive tool.

Related

Frequently asked questions

How much cheaper is South Korea than United States?
A single person's monthly essentials run about $1,390 in South Korea versus $2,410 in United States — 42.33% less. Rents differ the most; world-priced goods like petrol and electronics the least.
What does a beer cost in South Korea?
A domestic draught pint is roughly $3.67 in South Korea (≈ 5220.36 KRW), versus about $6.00 in United States.
How much is rent in South Korea compared to United States?
A 1-bedroom city-center apartment is estimated at $937/month in South Korea versus $1,750/month in United States (-46.46%). Housing is the most locally-priced item in the basket.
How are these prices estimated?
Curated US baseline prices scaled by each country's purchasing-power price level with per-item elasticities (housing 1.4, services 1.1, groceries 0.8, world-priced goods 0.4) — model estimates for orientation, not quotes.